江苏洪田科技股份有限公司第六届董事会第二次会议决议公告

Group 1 - The company held its sixth board meeting on July 14, 2025, where it approved the cancellation of stock options due to the departure of seven incentive targets and the failure to meet performance targets for the first exercise period, resulting in a total cancellation of 1.1109 million stock options [1][13][14] - The board also approved a proposal to apply for a credit limit of up to 2 billion RMB from financial institutions, which includes various financial services such as working capital loans and commercial acceptance bill discounts [5][35] - The board meeting was attended by all seven directors, and the resolutions were passed unanimously [4][6] Group 2 - The company expects a net loss of between 38 million and 32 million RMB for the first half of 2025, with a projected net profit excluding non-recurring gains and losses between -45 million and -38 million RMB [22][24] - The anticipated loss is attributed to a decrease in new orders for electrolytic copper foil equipment and increased R&D expenses, which rose by approximately 123% to around 40 million RMB [29][30] - The company reported a significant improvement in cash flow from operating activities, with a net cash flow of approximately 112.72 million RMB, compared to -56.90 million RMB in the same period last year [30]